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Coastal Adaptation and Resilience (CARes) Project
Start Date:
2023
End Date:
2027
Description
The Coastal Adaptation and Resilience (CARES) project is designed to enhance Guyana's flood resilience by strengthening its coastal defense systems. It focuses on rehabilitating existing sea defenses and implementing nature-based solutions, such as mangrove restoration, to protect against rising sea levels and storm surges.
Observations
The project is funded through the Guyana REDD+ Investment Fund (GRIF) and is a key component of the country’s strategy to adapt to climate change while maintaining its low-carbon development path.
Iniciative Type
Action scope
National
Evaluated
No
Stage
Implementation- Ongoing
Temporalidad
Medium-term
Number of Years
4 - Year -s
Related elements
Sectors:
Thematic Areas:
Countries:
Instruments:
Resultados:
Policy frameworks:
Budget in USD
Budget in USD
$46,600,000.00
Counterpart Budget
$0.00
Total Budget
$46,600,000.00
Annual Average Budget
$11,650,000.00
| Financing Sources | Financing Types |
|---|---|
| Government of Guyana. | Institutional funds of international organizations (quota-based) |
Institutions
| Institutions | Institutions rols |
|---|---|
| Government of Guyana | Execution and operation |
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